Bitcoin might have already said goodbye to $21,000, weekend analysis suggests.
On the daily chart, BTC/USD was up against the 100-day moving average , having managed to beat out the 50-day MA over the week.BTC/USD 1-day candle chart with 50, 100MA. Source: TradingView
Turning to the weekly and monthly charts, October 30 looked to offer Bitcoin’s highest weekly candle close since mid-September.At current prices, Bitcoin was meanwhile up 7% in October, still its third-weakest performance since 2013, according to data tracked by monitoring resourceThe views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com.
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